Brexit.

[screenexile]

This is frankly ridiculous. Hunt has raised taxes even further that Sunak said he would. No one voted for this. Not even the Tory party. Recession incoming. Truss doesn't have the support of the HOC and should call a GE.
These tax rises are going to hurt us in NI and for what? No investment, no government, the worst health service, shit schools, no roads west of the Bann. And people here were looking for more Taxes!!

Its a shit sandwich and I hope people enjoy eating it!

Better schools and roads require expenditure. What do you suggest they do instead of raising taxes? Print money?

I am against raising taxes. Especially when we won't see the benefit of those taxes! People's pay packets will fall in a cost of living crisis. Everyone is in for a very hard time. SME's will be crucified with the rise in corp tax. Prices will rise further.
Could Truss and Kwasi prepared the markets better? Absolutely. And yes maybe the cuts went to far, but we're now looking at taxes rising. This isn't what anyone voted for.

Am I missing something or is there not a spot between 50-100k (Maybe 80or 90k) where you could put in a 45p tax rate and then a 50p tax rate on those above the £150k??

Or am I just a commie marxist socialist lefty woke latte drinking member of the establishment liberal elite?

[quit yo jibbajabba]

*youre part of the anti-growth brigade Screen 😉

[Franko]

This is frankly ridiculous. Hunt has raised taxes even further that Sunak said he would. No one voted for this. Not even the Tory party. Recession incoming. Truss doesn't have the support of the HOC and should call a GE.
These tax rises are going to hurt us in NI and for what? No investment, no government, the worst health service, shit schools, no roads west of the Bann. And people here were looking for more Taxes!!

Its a shit sandwich and I hope people enjoy eating it!

Better schools and roads require expenditure. What do you suggest they do instead of raising taxes? Print money?

I am against raising taxes. Especially when we won't see the benefit of those taxes! People's pay packets will fall in a cost of living crisis. Everyone is in for a very hard time. SME's will be crucified with the rise in corp tax. Prices will rise further.
Could Truss and Kwasi prepared the markets better? Absolutely. And yes maybe the cuts went to far, but we're now looking at taxes rising. This isn't what anyone voted for.

"It'll be tough no doubt. But we've seen tough times before and we will see them again. Try not to get to worked up about it."

[trailer]

This is frankly ridiculous. Hunt has raised taxes even further that Sunak said he would. No one voted for this. Not even the Tory party. Recession incoming. Truss doesn't have the support of the HOC and should call a GE.
These tax rises are going to hurt us in NI and for what? No investment, no government, the worst health service, shit schools, no roads west of the Bann. And people here were looking for more Taxes!!

Its a shit sandwich and I hope people enjoy eating it!

Better schools and roads require expenditure. What do you suggest they do instead of raising taxes? Print money?

I am against raising taxes. Especially when we won't see the benefit of those taxes! People's pay packets will fall in a cost of living crisis. Everyone is in for a very hard time. SME's will be crucified with the rise in corp tax. Prices will rise further.
Could Truss and Kwasi prepared the markets better? Absolutely. And yes maybe the cuts went to far, but we're now looking at taxes rising. This isn't what anyone voted for.

"It'll be tough no doubt. But we've seen tough times before and we will see them again. Try not to get to worked up about it."

Deserved that didn't I?

[AustinPowers]

Not in any way attempting to defend Tories here, only just trying to point out we've problems closer to home.

I would take issue with comments like "English people have short memories", as if Irish voters are superior.

Ireland is an economic time bomb. Unless there is a fundamental reset on second /multiple properties, we are currently witness to the last generation of emergency workers, key workers and other civil servants who will be able to afford to live in urban Ireland. The choice for the next generation will boil down to three: join the big company rat race, choose unemployment and social payments, or move to the few remaining areas of the island that have affordable housing.

The Tory govt have been unashamedly visible in their loyalty to the prosperity of a small percentage of the population, at no matter what cost to the rest.

But here's the thing. Income levels aren't important. Disposable income is everything. And as the Irish govt have fuelled a system whereby upwards on 75% of income is being routed to landlords and banks, the exact same scenario is unfolding in Ireland as it is in the UK. It's just not as obvious. Yet.

Great post.

Yeah. It is near enough global this kind of thing. Also for me it's very problematic because you look at inflation, controlling it etc etc. There are situations(and currently are) where there's loads of cash about it's just in very few peoples hands. That does not help a lot of people.

You're on to  something there . This is all bigger than  the Tories looking after themselves and their billionaire mates

Call me nuts , but I believe  this cost of living crisis , inflation, climate change etc is all  bound up together.  For example,  people can't afford to get on property ladder ,  and even both parents working with a kid or two  are struggling to survive .  If 2 parent families are struggling, what is  Single parent/1 working families like?  In good times , people could have 5 or 6 children, and make ends meet .  Now it's got to the stage  where if a couple are expecting,  they might seriously consider abortion as they could literally be out on the  street the way mortgages/childcare costs are .

I honestly think  this is all linked not only  to everyone being forced to reduce their  carbon footprint (I detest that term ), countries meeting their  emissions targets ,  and reducing the population  as people have less kids

Look at this crap  with the windfall taxes from energy companies.  Take the fuel costs for cars , govt could easily reduce it but they choose not  to .  Governments aren't  serving their people , they are serving  their masters in EU , IMF, Cop26 and those climate change gangsters

[armaghniac]

This is frankly ridiculous. Hunt has raised taxes even further that Sunak said he would. No one voted for this. Not even the Tory party. Recession incoming. Truss doesn't have the support of the HOC and should call a GE.
These tax rises are going to hurt us in NI and for what? No investment, no government, the worst health service, shit schools, no roads west of the Bann. And people here were looking for more Taxes!!

Its a shit sandwich and I hope people enjoy eating it!

Better schools and roads require expenditure. What do you suggest they do instead of raising taxes? Print money?

I am against raising taxes. Especially when we won't see the benefit of those taxes! People's pay packets will fall in a cost of living crisis. Everyone is in for a very hard time. SME's will be crucified with the rise in corp tax. Prices will rise further.
Could Truss and Kwasi prepared the markets better? Absolutely. And yes maybe the cuts went to far, but we're now looking at taxes rising. This isn't what anyone voted for.

Am I missing something or is there not a spot between 50-100k (Maybe 80or 90k) where you could put in a 45p tax rate and then a 50p tax rate on those above the £150k??

Or am I just a commie marxist socialist lefty woke latte drinking member of the establishment liberal elite?

I think income tax deductions > 50% lead to distortions and people getting their benefits some other way. You to make consumption taxes progressive also, e.g. in the ROI there are two rates of VRT and two rates of property tax, so you get more from people with big cars and big houses. SF are well off beam in proposing to eliminate property tax and load the income tax.

[Franko]

This is frankly ridiculous. Hunt has raised taxes even further that Sunak said he would. No one voted for this. Not even the Tory party. Recession incoming. Truss doesn't have the support of the HOC and should call a GE.
These tax rises are going to hurt us in NI and for what? No investment, no government, the worst health service, shit schools, no roads west of the Bann. And people here were looking for more Taxes!!

Its a shit sandwich and I hope people enjoy eating it!

Better schools and roads require expenditure. What do you suggest they do instead of raising taxes? Print money?

I am against raising taxes. Especially when we won't see the benefit of those taxes! People's pay packets will fall in a cost of living crisis. Everyone is in for a very hard time. SME's will be crucified with the rise in corp tax. Prices will rise further.
Could Truss and Kwasi prepared the markets better? Absolutely. And yes maybe the cuts went to far, but we're now looking at taxes rising. This isn't what anyone voted for.

"It'll be tough no doubt. But we've seen tough times before and we will see them again. Try not to get to worked up about it."

Deserved that didn't I?

"Got up this morning, kids still went to school. I went to work. Things much the same since last Thursday."

[seafoid]

https://mobile.twitter.com/CentralBylines/status/1582308196773158913

[trailer]

This is frankly ridiculous. Hunt has raised taxes even further that Sunak said he would. No one voted for this. Not even the Tory party. Recession incoming. Truss doesn't have the support of the HOC and should call a GE.
These tax rises are going to hurt us in NI and for what? No investment, no government, the worst health service, shit schools, no roads west of the Bann. And people here were looking for more Taxes!!

Its a shit sandwich and I hope people enjoy eating it!

Better schools and roads require expenditure. What do you suggest they do instead of raising taxes? Print money?

I am against raising taxes. Especially when we won't see the benefit of those taxes! People's pay packets will fall in a cost of living crisis. Everyone is in for a very hard time. SME's will be crucified with the rise in corp tax. Prices will rise further.
Could Truss and Kwasi prepared the markets better? Absolutely. And yes maybe the cuts went to far, but we're now looking at taxes rising. This isn't what anyone voted for.

"It'll be tough no doubt. But we've seen tough times before and we will see them again. Try not to get to worked up about it."

Deserved that didn't I?

"Got up this morning, kids still went to school. I went to work. Things much the same since last Thursday."

This is good stuff. And very true.

[Hereiam]

I made the mistake of listening to the latest David McWilliams podcast this morning which was about the UK's current situation and now i'm depressed.

[Mike Tyson]

I made the mistake of listening to the latest David McWilliams podcast this morning which was about the UK's current situation and now i'm depressed.

The same doom forecaster that said in April Ireland was 5 days away from running out of diesel? He makes some excellent points at times but would take his forecasts with a pinch of salt, doesn't come across as the most optimistic of chaps. Unless it's his idea.

[Hereiam]

Yea I heard the one about the diesel, although I do believe there isn't as much diesel on the market at the minute .... why else have you a 23p difference between it and petrol.

[seafoid]

Not in any way attempting to defend Tories here, only just trying to point out we've problems closer to home.

I would take issue with comments like "English people have short memories", as if Irish voters are superior.

Ireland is an economic time bomb. Unless there is a fundamental reset on second /multiple properties, we are currently witness to the last generation of emergency workers, key workers and other civil servants who will be able to afford to live in urban Ireland. The choice for the next generation will boil down to three: join the big company rat race, choose unemployment and social payments, or move to the few remaining areas of the island that have affordable housing.

The Tory govt have been unashamedly visible in their loyalty to the prosperity of a small percentage of the population, at no matter what cost to the rest.

But here's the thing. Income levels aren't important. Disposable income is everything. And as the Irish govt have fuelled a system whereby upwards on 75% of income is being routed to landlords and banks, the exact same scenario is unfolding in Ireland as it is in the UK. It's just not as obvious. Yet.

Everywhere is. The neoliberal system is dying. BTW it happened in Ireland already 2008

10 signs of neoliberalism in Ireland

The Dub 6 in a row
Professional rugby
Ryanair
Lidl
FF in coalition
Ultra low interest rates
Ultra high house prices
Investment in motorways rather than rail
RTE can't increase the TV licence
The collapse of the Irish Independent group

[Franko]

This is frankly ridiculous. Hunt has raised taxes even further that Sunak said he would. No one voted for this. Not even the Tory party. Recession incoming. Truss doesn't have the support of the HOC and should call a GE.
These tax rises are going to hurt us in NI and for what? No investment, no government, the worst health service, shit schools, no roads west of the Bann. And people here were looking for more Taxes!!

Its a shit sandwich and I hope people enjoy eating it!

Better schools and roads require expenditure. What do you suggest they do instead of raising taxes? Print money?

I am against raising taxes. Especially when we won't see the benefit of those taxes! People's pay packets will fall in a cost of living crisis. Everyone is in for a very hard time. SME's will be crucified with the rise in corp tax. Prices will rise further.
Could Truss and Kwasi prepared the markets better? Absolutely. And yes maybe the cuts went to far, but we're now looking at taxes rising. This isn't what anyone voted for.

"It'll be tough no doubt. But we've seen tough times before and we will see them again. Try not to get to worked up about it."

Deserved that didn't I?

"Got up this morning, kids still went to school. I went to work. Things much the same since last Thursday."

This is good stuff. And very true.

"Turn the news off. You'll feel better. Honestly."

[dec]

Suella Braverman has resigned as Home Secretary.